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Technology Stocks : Nimbus CD International -- Ignore unavailable to you. Want to Upgrade?

To: William T. Katz who wrote (1513)	5/11/1998 11:38:00 AM
From: Jim Fraser	Read Replies (1) \| Respond to of 1673

Some positive DVD sales numbers lurk ahead: check out: biz.yahoo.com and: Dateline Arlington, Va. The new kid on the block, DVD, celebrated its first anniversary the week of April 6 amid signs that it has made a strong first impression, especially amoung "early adopters" and home theater households. According to the Consumer Electronics Manufactures Association (CEMA), first year DVD players sales to U.S. dealers topped 437,000. "Not even the videocassette recorder or the compact disc player-two of our industrie's greatest sucess stories-came close to these kinds of numbers when they were introduced," said CEMA President Gary Sharpiro. "First year sales of DVD players are more than twice what VCRs were during 1975-77, and more than 12 times those of CD players when they hit the market in 1983!" Shapiro noted that "these 12-month results clearly suggest that DVD has been embraced by "early adopters," those consumers who want and are prepared to pay first-generation prices for the very latest products. Add to that the fact that home theater systems now can be found in 15 percent of U.S. television households, and you can begin to understand why DVD's takeoff has been successful. Our next challenge will be to take DVD to the mass market." At a time of rising concern over whether certain movies are suitable for children, DVD gives parents the option to view mature version of a particlur film while limiting their children to a version edited for younger audiences.(ed note..Divx does not offer this feature). Another compelling feature is that DVD players are fully compatible with music CDs. Today nearly two dozen companies manufacture or market DVD players at prices from as little as $399, for a basic model, to as much as $10,000 for models offering such advanced features as a 200-disc DVD changer.